Outsourcing Risk

The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Definition

Outsourcing Risk is the risk that engaging a third party to provide services may adversely impact an institution’s performance and risk management. Outsourcing Risk is a specific type of Third Party Risk^[1]

Example

IT Outsourcing Risk

References

↑ EBA Guidelines on outsourcing arrangements, EBA/GL/2019/02

[1] EBA Guidelines on outsourcing arrangements, EBA/GL/2019/02

[1]